Looking back at the impressive track records of global leaders such as Microsoft and Nestlé, it’s tempting to daydream of travelling through time just to get in at the ground floor and share in the spoils of their meteoric rises. But a closer examination of each of these companies’ histories reveals that it hasn’t always been smooth-sailing, and therein lies one of the most...
Mid- and small-cap performance has been overwhelmingly negative since 2016, which begs the question: Can we expect the same in 2019? read more
“Humility [showed] me the need for worldwide diversification to reduce risk.” – Sir John Templeton Offshore investing should form a part of most investors’ portfolios. This is especially the case for investors based in “small” economies, such as South Africa. As the...
Author and investor Jim Slater states of large-cap companies, “elephants don’t gallop”. And as history shows us (see Chart 1) mid- and small-cap companies have enjoyed superior growth over the long term. Chart 1: FTSE/JSE Mid-Cap and Small-Cap Performance, 1995-2018...
CE Dr Adrian Saville talks to Power FM about President Ramaphosa’s announcement of the nationalisation of the Reserve Bank https://youtu.be/u2nOp0-PV18
CE Dr Adrian Saville reflects on his career and what he’s learnt building an investment business. https://youtu.be/y5pRNkUExxQ
CE Dr Adrian Saville comments on Eskom’s latest bailout: “By almost every measure… South Africa should have been downgraded” read more
CE Dr Adrian Saville talks to Classic FM about Warren Buffet’s latest letter to shareholders https://youtu.be/kaKDEyWdd9I
onlyfan bar_elias CE Dr Adrian Saville talks to Radio 702 about the crisis at Eskom. https://youtu.be/2VzRXcUhJkM
“I strive to discover the proverbial dollar bill selling for 50 cents,preferably with enough volatility such that I have the opportunityto buy at 40 cents or less.”Michael Burry, Scion Capital In 1996, around the time that Cannon Asset Managers was conceived, we...
2018 was a bruising year for investors; yet, amidst the gloom, an often-forgotten asset class shone through, achieving a solid return of 15%: preference shares. read more
CIO Samantha Steyn discusses preference shares: an often-forgotten asset class that bucked the trend and achieved a solid return of 15% in 2018. https://youtu.be/pWvTpaob2Ys
2018 was a bruising year for investors, as traditional asset classes delivered returns that can at best be described as unsatisfactory. Yet, amidst the gloom, an often-forgotten asset class shone through, achieving a solid return of 15%: preference shares. Source:...